How to Start a Small Business in India

As, India is a developing country, taking such factor into consideration, one can plan to start up different kind of small businesses, where seeking the overview of economy factor shall be having the substantial worth over taking consideration of other factors. There are primitive factors one must consider before initiating any business, viz.

• Which product or services to deal in? 
• Market consideration
• Cost consideration
• Pricing Decision
• Whether to register or not?
• Tax implications
• Marketing, advertisement, and other related prospects, etc.

When any business is to start up in India, then Apart from considering these primitive factors, the other factors such as population consideration, market size, demand consideration, competition, Place of business- rented or to be owned, sources of supply, Tax implications, whether requiring License to operate the selected product or service or not, environmental factors like social, political, cultural, legal factors etc. are also to be taken into account.

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